TAYLORSVILLE, N.C.— Home furnishings manufacturer and retailer Mitchell Gold + Bob Williams closed its doors Saturday and has notified employees of the layoff.
According to a story in the Taylorsville Times, signs were posted on the truck gate and office door of the company’s Taylorsville plant on August 26 announcing the immediate closing as well as the closing of the company’s Hiddenite and Statesville, N.C., plants. Employees were instructed that they should not report to work Monday, August 28, and remote workers were instructed to forgo logging in.
Interim CEO Chris Moye began his leadership role with the company on April 21. According to the Times article, a letter from Moye was also posted on the office door along with the announcement of the closings.
“The purpose of this letter is to provide you with official notice under the federal Worker Adjustment and Retraining Notification Act (WARN).
“As you may know, the current economic climate has presented significant challenges to the furniture industry. While we have been buoyed by the support of our wonderful employees, like yourself, The Mitchell Gold Co. d/b/a Mitchell Gold + Bob Williams (the “Company”) has recently and unexpectedly learned that we are unable to secure critical financing to continue business operations. In the wake of this unfortunate development, the Company will sadly need to wind down operations and terminate the employment of our employees beginning on August 26, 2023. Because these events were unforeseen, we were unable to provide you and others with more notice of this difficult decision.
“Your position will be affected by these events, and your last day of employment with the Company is expected to be on October 25, 2023, unless you are asked to perform additional services during the 14-day period from that date (or your layoff date is otherwise revised from that date). We are sorry to have to bring you this news.”
Furniture Today has reached out to Mitchell Gold for comment and will update this story as it develops.